Question: Answer ALL the questions. Show your calculations. The following data is taken from the financial statements of company Fairuz Sdn Bhd. Based on the data
Answer ALL the questions. Show your calculations.
The following data is taken from the financial statements of company Fairuz Sdn Bhd.
Based on the data below, calculate the following. Show all your calculations:
| Sales | 640,000 |
| Cost of Goods Sold | 380,000 |
| Cash | 30,000 |
| Marketable Securities | 40,000 |
| Account Receivable | 70,000 |
| Inventory | 150,000 |
| Net Fixed Assets | 300,000 |
| Current Liabilities | 120,000 |
| Operating Expenses | 25,000 |
| Interest | 6,000 |
| Notes Payable | 70,000 |
| Equities : Ordinary Shares Preference Shares Retained Earnings |
150,000 100,000 20,000 |
| Tax | 40% |
- Ratios:
- Current Ratio
- Quick Ratio
- Net Working Capital
- Average Collection Period (assume 365 days)
- Inventory Turnover
- Time Interest Earned
- Gross Profit Margin
- Net Profit Margin
- Operating Profit Margin
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